Press for rPath

rPath, the service factory for on-demand IT, today announced it has raised $7 million in venture capital funding led by existing investors North Bridge Venture Partners and General Catalyst Partners. This represents the fourth round of financing, bringing the total capital raised to $32.5 million.

Raleigh-based Red Hat spinoff rPath has raised $7 million in a stock sale, according to a company filing with the U.S. Securities & Exchange Commission.

newScale, rPath and Eucalyptus Systems, a coalition focused on bringing self-service private and hybrid clouds to the enterprise, today announced that it has formalized its name and launched a coalition website located at www.NREcloud.com.

rPath, an innovator in automating system deployment and maintenance, is co-sponsoring an upcoming webinar in which three of the foremost innovators in system automation practices for scale will discuss an “industrialized” approach to automating the system lifecycle and software supply chain that takes its cues from modern manufacturing practices. rPath is co-sponsoring the event with Cfengine.